Ghana’s cocoa regulator, Cocobod, has signed a US$1.8bn loan with international banks to finance purchases for the 2015/16 season
Crops
Uganda to get agriculture assistance from FAO and China
FAO, China and Uganda have signed a two year agreement worth almost US$2.5mn to support small-scale farmers in Uganda
Kellogg acquires Egypt’s largest cereal producer
Kellogg Company (Kellogg) has acquired Egypt’s largest cereal producing company, Mass Food Group, for about US$50mn
NDC launches US$111mn palm oil project in Tanzania
Nava Bharat Pte. Limited (NBS) in collaboration with Tanzania’s National Development Corporation (NDC) is investing US$111mn in a 10,000ha (hectare) Integrated Palm Oil project in Ruvu Basin Coast region near Dar es Salaam
Using earthworms to improve soil fertility in Zimbabwe
A project in Zimbabwe is promoting the use of earthworms to enable the country’s small-scale farmers improve soil fertility